About Polar Gases Private Limited
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Polar Gases Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 27 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40200MH2010PTC206011. Its GSTIN is 27AAFCP5919F1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vishal Trilok Kewalramani and Cynthia Exalt Dwouza.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gala #T – 20 Ground Floor Old Hospital Compound Dr. C.G.Road Chembur Colony Chembur, Mumbai, Maharashtra, India – 400074.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.5 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Lakh (net margin 0.2%) and EBITDA of ₹23.28 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company is associated with 1 brand: Polar Gases Pvt Ltd. As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹2.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polargases.com.
Company details
Contact details
Polar Gases Private Limited's registered office is in Mumbai, Maharashtra. Its website is polargases.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGala #T – 20 Ground Floor Old Hospital Compound Dr. C.G.Road Chembur Colony Chembur, Mumbai, Maharashtra, India – 400074
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Polar Gases Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Polar Gases operates one associated brand: Polar Gases Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of refrigerants, HVAC tools, and speciality gases in India. | polargases.com |
Business activity
The main business activity of Polar Gases is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Polar Gases Private Limited, buy the company report.
Financials of Polar Gases Private Limited
FY 2025 filings availablePolar Gases Private Limited reported revenue of ₹7.5 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 22% growth in the latest year. EBITDA fell 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.28 Lakh | ||||
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| Net Profit (PAT) | ₹1.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Polar Gases Private Limited, buy the company report.
Board of directors of Polar Gases Private Limited
Polar Gases has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Trilok Kewalramani | Director | 01 Jan 2011 | 15 Years 10 Months | Current |
| Cynthia Exalt Dwouza | Director | 27 Jul 2010 | 16 Years 3 Months | Current |
| Exalt Frensis Dsouza | Director | 27 Jul 2010 | 16 Years 3 Months | Current |
Auditor
Polar Gases Private Limited is audited by LALIT M DHING & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LALIT M DHING & CO | FY 2020 | 105565W |
Shareholding
The shareholding of Polar Gases Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Polar Gases Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2011 | 10277079 | Citizencredit Co-Operative Bank Ltd.-Chembur Branch | ₹25 Lakh | Open | |
| 01 Feb 2012 | 10336901 | Citizencredit Co-Operative Bank Ltd.-Chembur Branch | ₹2.5 Lakh | Satisfied |
To see the full charge records of Polar Gases Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Polar Gases Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Civil suit | Filed against the company by M/S Mangali Petrochem Ltd. | Disposed |
To see the full case history of Polar Gases Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polar Gases Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polar Gases has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP5919F1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polar Gases Private Limited, buy the company report.
Recent activity
Polar Gases Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Sagar Kulbhushan Madan ceased to be Director on 25 Mar 2019.
Frequently asked questions
Polar Gases is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 27 July 2010 (16+ years old) and is registered under CIN U40200MH2010PTC206011.
Polar Gases has 3 current directors:
- Vishal Trilok Kewalramani - Director
- Cynthia Exalt Dwouza - Director
- Exalt Frensis Dsouza - Director
The latest financial statements of Polar Gases on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Polar Gases is 27AAFCP5919F1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Polar Gases is U40200MH2010PTC206011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polar Gases has 1 court case on record: 1 filed against it.
Polar Gases was incorporated on 27 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Sagar Kulbhushan Madan ceased to be Director on 25 Mar 2019. Vishal Vinod Kumar Madan ceased to be Director on 04 Mar 2019. Vishal Trilok Kewalramani was appointed as Director on 01 Jan 2011. Polar Gases has 5 board changes on record in total.
Polar Gases can be reached through the website polargases.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Polar Gases is at Gala #T – 20 Ground Floor Old Hospital Compound Dr. C.G.Road Chembur Colony Chembur, Mumbai, Maharashtra, India – 400074.
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